Baldwin Wealth Partners LLC MA Has $6.29 Million Position in MSCI Inc. (NYSE:MSCI)

Baldwin Wealth Partners LLC MA increased its holdings in shares of MSCI Inc. (NYSE:MSCI) by 5.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,476 shares of the technology company’s stock after acquiring an additional 579 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in MSCI were worth $6,286,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Edgewood Management LLC increased its holdings in shares of MSCI by 16.9% during the third quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock worth $1,279,904,000 after buying an additional 318,214 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of MSCI by 14.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock valued at $925,531,000 after acquiring an additional 198,666 shares during the period. Canoe Financial LP grew its stake in shares of MSCI by 700.4% in the 4th quarter. Canoe Financial LP now owns 186,131 shares of the technology company’s stock valued at $111,680,000 after buying an additional 162,877 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of MSCI by 358.3% during the third quarter. Assenagon Asset Management S.A. now owns 133,636 shares of the technology company’s stock valued at $77,900,000 after acquiring an additional 104,474 shares in the last quarter. Finally, Champlain Investment Partners LLC bought a new stake in shares of MSCI during the third quarter worth about $56,101,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price objective on MSCI from $680.00 to $700.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. UBS Group cut their price objective on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Wells Fargo & Company lifted their price target on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. Evercore ISI initiated coverage on shares of MSCI in a research note on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 target price on the stock. Finally, Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a report on Wednesday, October 9th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $649.85.

Insider Buying and Selling

In related news, CEO Henry A. Fernandez acquired 2,900 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were purchased at an average cost of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This represents a 0.89 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.20% of the stock is currently owned by company insiders.

MSCI Stock Performance

NYSE:MSCI opened at $616.98 on Monday. The firm has a 50-day simple moving average of $605.31 and a 200-day simple moving average of $579.61. MSCI Inc. has a one year low of $439.95 and a one year high of $642.45. The firm has a market cap of $48.35 billion, a P/E ratio of 40.48, a P/E/G ratio of 2.78 and a beta of 1.11.

MSCI (NYSE:MSCI) last posted its earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share for the quarter, topping analysts’ consensus estimates of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The company had revenue of $724.70 million during the quarter, compared to analyst estimates of $716.15 million. During the same quarter in the prior year, the business earned $3.45 earnings per share. MSCI’s revenue was up 15.9% on a year-over-year basis. On average, research analysts predict that MSCI Inc. will post 14.99 EPS for the current fiscal year.

MSCI Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.